This promising property offers a unique opportunity to develop a stunning beachside venue spanning a 1/3 of an acre of prime beachfront land, with existing facilities and approved plans for expansion. With the ongoing renovations and ample potential for further development, Caipirinha is a prime investment waiting to be transformed into a sought-after beachside retreat or hospitality destination.
Key Features
Bar Restaurant with Toilets: Located conveniently underneath, offering easy access for guests and patrons.
Main Villa: Includes a restaurant with an industrial kitchen, plus two bedrooms with en-suites, perfect for staff accommodation or guest lodging.
Villa Genevieve: Features a double bedroom with en-suite, a lounge/diner, and a kitchen with bi-fold doors leading to a large deck area overlooking the beach.
Development Potential
The property comes with planning consent for several exciting developments:
Bar Restaurant Extension: To provide a new kitchen and restrooms, enhancing the current dining facilities.
Studio Under Deck: A new studio to be constructed beneath the existing deck, with old toilets to be removed.
New One-Bed Cottage: Adjacent to Villa Genevieve, offering additional accommodation options.
Two One-Bed Studios: To be constructed beneath Villa Genevieve, incorporating the existing deck area on the beach.
Current Condition and Improvements
While the previous tenant left the property in a poor state, extensive renovations and repairs are underway:
Decking: Areas of decking are being replaced to ensure safety and aesthetic appeal.
Painting and Cleaning: Ongoing to refresh the look and feel of the entire property.
Kitchen: Will require a deep cleaning, with old equipment on the terrace to be removed.
Roof Repairs: Roofs will be repaired and repainted for both aesthetic and functional improvements.
Furniture: Old furniture will be disposed of to make way for new furnishings.
Villa Genevieve Updates: Will include a new water heater, kitchen sink, bathroom vanity unit, and shower mixer.
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